Vancouver, British Columbia – August 7, 2014 – War Eagle Mining Company Inc. (TSXV –
WAR) ("War Eagle" or the "Company") proposes to raise up to $100,500 by way of a non-brokered
private placement offering of up to 2,010,000 units (the "Offering") of the Company.
The Offering will be priced at $0.05 per unit with each unit consisting of one common share of War
Eagle and one common share purchase warrant exercisable at $0.10. Each warrant will entitle the
holder to purchase one common share of War Eagle for a period of 12 months following the date
of closing of the Offering.
The Offering is subject to certain conditions including, but not limited to, the receipt of all
necessary corporate and regulatory approvals, including acceptance of the TSXV Venture
Exchange. The net proceeds from the offering will be used for working capital and general
corporate purposes.
All common shares issued under the Offering will be subject to a four-month hold period.
For additional information please contact:
War Eagle Mining Company Inc.
Thomas R. Atkins
President and CEO
416-509-4326
Donald Padgett
Director
604-689-1515 x 104
Email: [email protected]
Website: www.wareaglemining.com
This news release was prepared by management of War Eagle, which takes full responsibility for its contents.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
